2 weeks Ago By ABMN Staff
Enterprise Bancorp, Inc. ( NASDAQ:EBTC – Get Free Report ) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 59,800 shares, a growth of 22.
0% from the August 31st total of 49,000 shares. Based on an average trading volume of 25,500 shares, the days-to-cover ratio is presently 2.3 days.
Currently, 0.6% of the shares of the company are sold short. Enterprise Bancorp Stock Performance EBTC stock traded down $0.
15 on Monday, reaching $31.96. 12,672 shares of the company were exchanged, compared to its average volume of 23,165.
The firm has a market capitalization of $395.51 million, a PE ratio of 11.03 and a beta of 0.
53. Enterprise Bancorp has a 12 month low of $22.60 and a 12 month high of $34.
10. The stock’s fifty day moving average price is $29.57 and its 200 day moving average price is $26.
43. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.
92 and a quick ratio of 0.92. Enterprise Bancorp ( NASDAQ:EBTC – Get Free Report ) last released its earnings results on Tuesday, July 23rd.
The savings and loans company reported $0.77 earnings per share for the quarter. The business had revenue of $41.
79 million during the quarter. Enterprise Bancorp had a net margin of 14.99% and a return on equity of 10.
94%. Enterprise Bancorp Announces Dividend Institutional Investors Weigh In On Enterprise Bancorp Institutional investors and hedge funds have recently bought and sold shares of the business. Rhumbline Advisers increased its stake in Enterprise Bancorp by 2.
8% in the second quarter. Rhumbline Advisers now owns 15,083 shares of the savings and loans company’s stock valued at $375,000 after acquiring an additional 406 shares during the period. BNP Paribas Financial Markets grew its stake in shares of Enterprise Bancorp by 42.
7% in the 4th quarter. BNP Paribas Financial Markets now owns 10,972 shares of the savings and loans company’s stock valued at $354,000 after purchasing an additional 3,284 shares during the period. Empowered Funds LLC raised its holdings in shares of Enterprise Bancorp by 8.
1% in the 1st quarter. Empowered Funds LLC now owns 51,099 shares of the savings and loans company’s stock worth $1,327,000 after buying an additional 3,850 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of Enterprise Bancorp by 14.
1% during the 2nd quarter. Bank of New York Mellon Corp now owns 39,010 shares of the savings and loans company’s stock worth $971,000 after buying an additional 4,824 shares during the period. Finally, Dimensional Fund Advisors LP lifted its position in shares of Enterprise Bancorp by 2.
4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 353,592 shares of the savings and loans company’s stock worth $8,797,000 after buying an additional 8,216 shares during the period. Institutional investors own 38.
93% of the company’s stock. Enterprise Bancorp Company Profile ( Get Free Report ) Enterprise Bancorp, Inc operates as the holding company for Enterprise Bank and Trust Company that engages in the provision of commercial banking products and services. It offers commercial and retail deposit products, including checking accounts, limited-transactional savings and money market accounts, commercial sweep products, and term certificates of deposit.
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